Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
In the Media: Government Shutdown, CU House, Great Rates
MADISON, Wis. (10/22/13)--The Credit Union National Association and credit unions last week received media coverage for helping members navigate the government shutdown, serving the Hispanic market and offering great loan rates.
 
In an article about the government shutdown on CNNMoney, Paul Gentile, CUNA executive vice-president of strategic communications and engagement, described how many credit unions are working with furloughed employees, offering services such as special loan rates, salary equivalent loans and skip-a-payment programs.
 
In an article on Yahoo Finance, Bill Hampel, CUNA chief economist, said "consumer confidence is likely to take a major hit as a result of the government shutdown, and could slow the economy for the rest of the year.
 
HispanicBusiness.com cited Gesa CU, Richland, Wash, for being recognized as with CUNA's Excellence in Technology Award for its digital branch initiative.
 
An article on WRBL News 3 highlighted several Georgia credit unions for their efforst in assisting government employees affected by the shutdown:
Credit unions mentioned include:
  • TIC FCU, Columbus;
  • GeoVista, Hinesville;
  • Associated CU, Norcross; and
  • Robins FCU, Warner Robins.
The Las Vegas Review Journal cited One Nevada CU, Las Vegas, and America First CU , Riverdale, Utah, for offering short-term, interest-free loans to furloughed government employees.

The Sioux Falls Business Journal featured Sioux Falls, S.D.'s Sioux Empire FCU's Black Saturday loan sale, which included 0.75% annual percentage rates for new or used vehicle loans for the first 50 members. The next 50 qualifying members receive rates at 1.50%, and the next 100 members receive 2.25%.
RSS print
News Now LiveWire
.@CreditYOUnion captures voices of #100MM loud, proud at @GAUnitedCU See #NewsNow Thursday for more
1 hours ago
Ill. @GovernorQuinn signs patent troll law http://t.co/ugWf8zHpCm via @CrainsChicago
1 hours ago
.@MBAMortgage : Mortgage apps increased 2.8% from one week earlier for week ending Aug. 22.
2 hours ago
Franchise businesses may face higher breach risk with POS systems HT @briankrebs http://t.co/LGE46DUk15
3 hours ago
About 1 in 3 consumers use plastsic for in-person purchases of less than $5, according to @CreditCardsCom survey.
4 hours ago